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Balthazar Raises $3M for NFT Gaming Platform Growth

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Balthazar, an NTF gaming platform, raised $3 million by selling tokens, with Animoca Brands as the major purchaser.

They included Finder Group (through Fred Schebesta’s Hive Empire Capital), Zip co-founder Larry Diamond, Digital Asset Capital Management (DACM), Fantom, ZED Run, Darling Ventures, Pluto Digital, Side Door Ventures, Algorand and TPS Capital of Three Arrows Capital.

Animoca Brands, a worldwide leader in gamification and blockchain with over 150 investments in NFT-related companies and decentralised initiatives, will now advise Balthazar, which seeks to be the metaverse’s premier NFT game platform.

Balthazar, which launched in 2021, aims to be the largest DAO in the play-to-earn industry.

The company’s scholarship programme allows gamers to access play-to-earn games for free.

Balthazar is a digital company with a rent-to-earn financing concept and wants to grow its community.

Balthazar had 1,100 scholars in Axie Infinity, Splinterlands, and Thetan Arena prior to the token sale, 30,000 on its waitlist, and a Discord community of almost 70,000.

“We are incredibly grateful for Animoca Brands’ and all of our supporters’ support in shaping the metaverse and growing our community.

“With this assistance, we can enable the largest gaming community to construct a self-sustaining, wealth-building ecosystem.

Our unique NFT games, significant tokenomic tactics, and gaming alliances will bring together gamers, crypto holders, and persons.

“I’m enthusiastic about the future of the play-to-earn market, especially since it’s extending earning possibilities to people who need it most,” said Balthazar CEO John Stefanidis.

With a fast-growing community, Balthazar offers chances for all persons interested in the NFT gaming market, including gamers, game businesses and crypto holders.

“We believe Balthazar can expand NFT-based gaming into new areas, and we are pleased to be a part of its journey.”

Balthazar has started a private token sale with a target of selling $8 million worth of tokens by February 2022.


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